commercial lines pricing 2018 News

Commercial Lines Rates Hardened in Q2: IVANS Index

The second quarter showed a general uptick in premium renewal rate change across the commercial insurance lines of business compared to the first quarter 2018. The upward movement was seen in commercial auto, general liability, commercial property and umbrella, according …

Most Commercial Insurance Prices Continued Creeping Up in May: IVANS

Renewal premiums for a majority of standard commercial lines products continued to trend up in May, according to the latest IVANS Index. The exceptions were commercial auto and umbrella, which still rose in May but not as much as in …

Commercial Insurance Renewal Prices Rose in April Except for Workers’ Comp: IVANS

Last month, major commercial lines insurance renewal premiums continued their upward trend except for workers’ compensation, which remains in negative territory for the year, according to the latest IVANS Index. Month over month, April’s increased were down from previous periods …

‘Best Pricing in Quite Some Time’ Helped Chubb Weather Catastrophes for Solid Q1

Despite higher catastrophe losses, Chubb Limited reported a solid first quarter with net income of $1,082 million, about the same as the $1,093 million it achieved for the same quarter last year. Core operating income was $1,097 million, compared with …

What to Expect in Commercial Insurance Pricing for Rest of 2018: WTW Spring Forecast

Commercial property insurance rate increases are easing off initial spikes following 2017’s record natural catastrophe losses, but commercial insurance buyers still face upward pricing pressure on many lines of business for the remainder of 2018. That’s according to Willis Towers …